# Prudence Investment Management (Hong Kong) Ltd.

> Institutional holdings reported to the SEC as of Q3 2022 on Form 13F. CIK 1909568. Source: https://holderbook.com/funds/1909568-prudence-investment-management-hong-kong-ltd/

- Reported value: $78.2M
- Positions: 23
- Weight of the ten largest: 93.2%
- Filed: 2022-11-09

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| WEIBO CORP | - | $23.9M | 24,200,000 | 30.6% | 2 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $8.4M | 36,000 | 10.7% | 1 |
| SNOWFLAKE INC | [SNOW](https://holderbook.com/stocks/SNOW/) | $7.6M | 44,500 | 9.7% | 2 |
| PDD HOLDINGS INC | [PDD](https://holderbook.com/stocks/PDD/) | $6.9M | 110,512 | 8.8% | 4 |
| H WORLD GROUP LTD | [HTHT](https://holderbook.com/stocks/HTHT/) | $5.2M | 155,000 | 6.6% | 2 |
| ROBLOX CORP | [RBLX](https://holderbook.com/stocks/RBLX/) | $4.5M | 126,000 | 5.8% | 1 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $4.4M | 36,000 | 5.6% | 2 |
| SHOPIFY INC | [SHOP](https://holderbook.com/stocks/SHOP/) | $4.3M | 160,000 | 5.5% | 1 |
| KANZHUN LIMITED | [BZ](https://holderbook.com/stocks/BZ/) | $4.3M | 252,000 | 5.4% | 2 |
| NETEASE COM INC | [NTES](https://holderbook.com/stocks/NTES/) | $3.4M | 45,000 | 4.4% | 1 |
| ALIBABA GROUP HLDG LTD | [BABA](https://holderbook.com/stocks/BABA/) | $2.6M | 32,000 | 3.3% | 2 |
| COINBASE GLOBAL INC | [COIN](https://holderbook.com/stocks/COIN/) | $1.6M | 25,000 | 2.1% | 1 |
| ONECONNECT FINL TECHNOLOGY C | [OCFT](https://holderbook.com/stocks/OCFT/) | $264.0K | 347,603 | 0.3% | 4 |
| ZTO EXPRESS CAYMAN INC | [ZTO](https://holderbook.com/stocks/ZTO/) | $240.0K | 10,000 | 0.3% | 4 |
| TENCENT MUSIC ENTMT GROUP | [TME](https://holderbook.com/stocks/TME/) | $210.0K | 51,747 | 0.3% | 4 |
| KRANESHARES TRUST | [KWEB](https://holderbook.com/stocks/KWEB/) | $103.0K | 4,160 | 0.1% | 1 |
| VANGUARD WORLD FD | [VHT](https://holderbook.com/stocks/VHT/) | $96.0K | 426 | 0.1% | 4 |
| ISHARES TR | [ICLN](https://holderbook.com/stocks/ICLN/) | $61.0K | 3,185 | 0.1% | 4 |
| GLOBAL X FDS | [CHIX](https://holderbook.com/stocks/CHIX/) | $54.0K | 5,000 | 0.1% | 4 |
| INVESCO QQQ TR | [QQQ](https://holderbook.com/stocks/QQQ/) | $53.0K | 200 | 0.1% | 2 |
| BAIDU INC | [BIDU](https://holderbook.com/stocks/BIDU/) | $47.0K | 400 | 0.1% | 4 |
| AURORA MOBILE LTD | [JG](https://holderbook.com/stocks/JG/) | $20.0K | 20,000 | 0.0% | 4 |
| BAOZUN INC | [BZUN](https://holderbook.com/stocks/BZUN/) | $19.0K | 3,000 | 0.0% | 4 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q3 2022 | +3.5% | -5.3% | +8.8% | 64% |
| Q2 2022 | +26.8% | -16.5% | +43.2% | 100% |
| Q1 2022 | -28.0% | -4.9% | -23.1% | 86% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q3 2022 | $78.2M | 23 |
| Q2 2022 | $64.5M | 22 |
| Q1 2022 | $25.8M | 13 |
| Q4 2021 | $51.7M | 21 |